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20120928
20121006
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questions after his speech. let's listen in. >> japan, of course, is the first modern economy to be trapped at the zero bound. interest rates close to zero. their experience foreshadowed the global financial crisis of 2008. the japanese had a stock market booming bust and a property boom and bust together which was roughly double the size, proportionally speaking, to the united states. it was a major shock to the economy. they have responded to it to a variety of tools. i think a couple things that we learned from watching their experience and troubles and difficulties they have been through and to that i would point to that we have tried to learn from them, the first is, aggressiveness, early aggressiveness of monetary policy. what we learned from japan is we learned from the 1930s. once you have a deflation, prices dropping, prices and wages are dropping, they can be very very hard to get out of that. there is a lot of downward pressure on the economy. we were very aggressive early on in the united states to avoid deflation and we have maintained inflation close to our 2% target which is
18,000 jobs in the sector. that is where the economy is being structured these days. 10,000 jobs in construction. manufacturing, 4000 jobs. melissa: we were looking at 113, does that make that same life? i just want to remind everyone that is not a good number. >> finding the list that the government number includes state and local layoffs. i don't think that adp number includes that. when you look at those two numbers since january, you will see a defeat for 172,000 jobs a month where it is about 150,000. it has to be above 200,000 to keep up with population growth. again, 8.2% we are looking at coming in for friday. lori: full employment around 4%? nobody talks about that anymore. >> we just talk about the jobless rate. lori: the temperature is going down, find your heating costs going way up? the impact the winter will have on the economy. melissa: take a look at metals had with those who break. gold trading up. copper, basically what. we will be right back. ♪ you see us, at the start of the day. on the company phone list that's a few names longer. you see us bank on busier
they will turn it into something political. it will really be hard, when you think about the economy we are in right now, how can you tell individuals we will raise the price of work did right now we need more work. it would be a bad time to do that. both sides will ultimately agree on that. dagen: we are looking at this calendar with 20 days left at work just for the representatives to deal with this. why isn't the uncertainty, why isn't there any other business that would impact the economy. >> it is entirely possible. you would almost think if the economy or the marcos thought they would let us reach the cliff go over it, you would see a lot of forward activity. the fact you are not seeing it suggests that markets think we get to the final days they will actually come to a deal. a little over a year ago it was that we were days from government default, but, ultimately, they came to a deal. dagen: john, good to see you. as always, thank you. connell: breaking news now. it is on the libor investigation. this is from the exclusive reporting from our own charlie gasparino. chuck grassley
private enterprise to grow the economy. the other, his version of president obama's view is that government is still in control of everything. the challenge for governor romney and the debate on wednesday is going to be fully articulate his vision for america's future to the largest audience of his political career. >> we need to give the american people the choice we are offering. that is what we are offering. we owe the country a very clear choice of a different future. we can have a dynamic growing economy that produces opportunity or we can have a stagnant opportunity that fosters dependency. >> romney campaign is looking for a solid performance, no knock outs which the governor has become famous for. he has been avoiding those since he tried to make the with governor perry. >> what is the word on the foreign policy message for romney? >> the governor has an op-ed in the "wall street journal" saying of president obama, by failing to maintain our new, president obama has heightened the instability. he does not understand that an american policy that lacks resolve can p
how we're worried in that stagnant obama economy more people are becoming dependent on economy. >> what could be better for the emotional stability of a presidential candidate than your running mate calling you inarticulate? never mind. paul ryan is the one key numbers guy. so let's hear him explain the tax policy. >> the cut in tax rates is lower -- all american tax rates -- >> how much does it cost? >> it's revenue neutral. >> it's not revenue neutral unless you take away the deductions. the first half, lowering the tax rates. does that cost $5 trillion? >> no, no. look, i won't get into a baseline argument with you. >> you haven't given me the math. >> well, i don't have the time -- it would take me too long to go through all the math. >> all right. you know what, mitt? you better put paul ryan away somewhere. send him to a sports bar somewhere in ohio. at least he can have a few beers with voters. he's got that going for him. who knows, it might help make inroads with that 9% deficit romney is facing against the president in the latest ohio poll. then again, there may not b
mid election. >> no, but the facts are the facts. if we're talking about jobs and the economy, the greatest thing about this campaign is that voters have no way to say this there's not a difference between the parties. i don't care what you say, romney and the president are in different directions for the country, that's with fiscal policy, domestic policy, with healthcare especially. it is abundantly clear, and i don't know why the president didn't explain why the 5 trillion dollars that's going to be loss and why the 2 trillion is expected. i don't know why as romney said, you keep repeating and repeating, but the fact remains that what happened to the 47% of the people that were written off. aren't they included in the middle class? connell: he never mentioned that. >> he never mentioned it. connell: that had to be on purpose. that had to be -- i mean that was something that's been out there forever. he had to think oh i'm not going to bring this up. >> then why take all these notes on things this guy is saying, where he reversed himself, he should have been just smiling lo
to talk down the economy to score a few political points. it's a reminder that this country has come too far to turn back now. >> you heard the president. it's no day to talk down the economy to score political points. but shadowing the president in virginia, mitt romney waited nine minutes deep into his scintillating stump speech before even mentioning the big news of the day, delivering it like a speech at a funeral. >> there were fewer new jobs created this month than last month, and the unemployment rate, as you know, to this year has come down very, very slowly. of course, even those that have jobs are having tough times. >> okay. but give mr. romney credit because he actually admits the unemployment rate did come down. unlike prominent conservative jack welch who tweeted this morning, unbelievable jobs numbers. these chicago guys will do anything. can't debate, so change numbers. okay. tuesday he was a ruthless race baiter. yesterday he was a feckless delivery boy. today he's don corleone, and there's more where that came from. congressman west, take it away. >> you are alleging sp
making $50,000. >> it's the right way to encourage economic growth. you grow an economy from the middle out, not from the top down. >> one thing he did not do in his first four years, just to raise taxes. >> it's time for a new economic patriotism. >> you were lucky enough to attend cran brook. >> you wear crummy shoes. people notice. >> we should measure compassion by how many people are able to get off welfare. i got everybody in my state insured. i don't think there's anything that shows more empathy and care. >> teach a man how to fish. >> my heart aches for the people i have seen. >> don't simply feed fish. >> every now and then i'm known to make a mistake. >> we throw our own penalty flag at mr. romney and mr. ryan. >> romney, ryan, romney, ryan. >> so that people don't get tired of her. >> when you go after my man -- >> stop it, this is hard. you want to try, it get in the ring. >> was i a little strong? >> never apologize for america. >> people will call my awful things every day. there are going to be bumps in the road. >> what's with the wily coyote nuclear bomb? >> 90 minute
banks. this from the third quarter of 2010 shows a much different economy. back to you. melissa: interesting. thank you so much for the six a headline that generated all kinds of surprises. apple apologizing for it map app. the ceo tim cook says the company is doing everything it can to make maps better. you can use alternatives by downloading maps. what? melissa: that is crazy. that is like we have a problem with our signal, please go over to our competitor. lori: silence, i think says more. dennis: remember when they had the intended debacle. not admitting anything was wrong with it and people were getting more and more frustrated. lori: that is a good point. i think charlie gasparino is standing by with his latest report. inc. of america, i guess this is more interesting to charlie, at least. the bank with a 3.5 million in charges. bank of america says this is not an admission of guilt. the settlement was reached to eliminate the uncertainties. melissa: the latest news from bank of america that pain is still being felt from the collapse of 2008. charlie gasparino is first to
Search Results 0 to 12 of about 13 (some duplicates have been removed)